NOT LISTED FOR SALE

5 S Main St Algonquin, IL 60102

Estimated Value: $193,856

0.17 Acre
$1,120,555 Price per Acre
7,536 Sq Ft Lot

Last Sold February 05, 2015

Last sale price $100,000

Est. 94% increase in value since last sale

Current estimated payment $1,218/month

31 Days on Market

About This Lot

As of February 2015

EXPOSURE!! More eyes pass this corner lot than nearly any other location in Algonquin! Prime Location and Great Exposure. Southeast corner of Rt 31 & Rt 62 with stop light. This lot had been operating under a special use permit for a used car lot and currently Zoned B-2. There is a small building with small office currently on the property.

Last Agent to Sell the Property

Kim Keefe

Compass License #475125819 Listed on: 06/28/2014

Compass

Co-Listed By

Becky Kirchner

RE/MAX Plaza License #475160335

Last Buyer's Agent

Gina Fechheimer

@properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,970

Lot Details

  • Lot Dimensions are 66 x 131
  • Property fronts a state road
  • Property is zoned COMMR

Schools

  • Eastview Elementary School
  • Algonquin Middle School
  • Dundee-Crown High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$3,970

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial, Retail, Special Use
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Non Conforming, Retail, Special Use, Zoning Change Required
  • Basement Description: Other
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 66
  • Frontage Type: State Road
  • List Price: 119900
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Cooling: Window/Wall Unit - 1
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal

Schools

  • Elementary School: EASTVIEW ELEMENTARY SCHOOL
  • High School: DUNDEE-CROWN HIGH SCHOOL
  • Middle/Junior School: ALGONQUIN MIDDLE SCHOOL
  • Middle/Junior School District: 300

Lot Info

  • Lot Dimensions: 66 X 131
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U
  • Total Listed Lots Avail: 1

Rental Info

  • Board Number: 3

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 3969.68
  • Tax Year: 2013
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2017
Sold by
Riverside Plaza Developer S Llc
Bought by
Ucf Riverside Fee Owner L Lc
Current Estimated Value
$193,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.19%

Purchase Details

Closed on
Nov 15, 2016
Sold by
First Midwest Bank
Bought by
Village Of Algonquin

Purchase Details

Listed on
Jun 28, 2014
Closed on
Feb 5, 2015
Sold by
King Claudine
Bought by
First Midwest Bank & Trust and Trust Agreement #8912
Seller's Agent
Kim Keefe
Compass
Buyer's Agent
Gina Fechheimer
@properties
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%

Purchase Details

Closed on
Sep 28, 2006
Sold by
Benson Richard D and Benson Edwin L
Bought by
Riverside Square Llc

Purchase Details

Closed on
Sep 25, 2006
Sold by
Harris Na
Bought by
Riverside Square Llc

Purchase Details

Closed on
Nov 12, 1998
Sold by
Firstar Bank Illinois
Bought by
King Thomas H

Purchase Details

Closed on
May 9, 1994
Sold by
Home State Bank National Assn
Bought by
First Colonial Trust Company
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ucf Riverside Fee Owner L Lc -- --
Village Of Algonquin -- None Available
First Midwest Bank & Trust $100,000 Fatic
Riverside Square Llc $325,000 First United Title Svcs Inc
Riverside Square Llc -- First United Title Svcs Inc
King Thomas H -- --
First Colonial Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ucf Riverside Fee Owner L Lc --
Closed Riverside Square Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2015 02/05/15 Sold $100,000 -16.6% --
07/26/2014 07/26/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $119,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- -- -- --
2023 -- -- -- --
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2013 -- $37,094 $32,839 $4,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08658342

Midwest Real Estate Data (MRED)

APN: 19-34-104-011